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Retail Market Rebounds

The Los Angeles retail market shows its greatest stability since 2008, reports a JLL video series.

By Kelsi Maree Borland | Updated on August 27, 2013

LOS ANGELES-David Sorenson, VP associate director of retail agency leasing for Jones Lang LaSalle, declares “the Los Angeles retail market is healthy,” during a JLL-produced commercial real estate video series that included three interviews from Southern California retail market experts.

“It is certainly the best that I have seen since 2008 when the floor fell out of the market,” says Sorenson. “Tenants are out looking for projects and certainly development in the area has picked up, so it is certainly the best I have seen in about four years.”

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